The Eur Has Find It Difficult To Break 1.5833 Res. Could This Be The Reversal From Long To Short Position? Somebody Tell Me.
Is anyone going long EURUSD and GBPUSD? 19 replies
Going Platform independent! Going pyhon! 29 replies
DislikedMy 2 pips...
Looks like a rising triangle consolidation has started. Probably see price drop some, bounce off the 21 MA again, rise, hit resistance and repeat for the next month or so until price can catch it's breath... then we'll break out. Up or down... dunno yet, but I'll guess up just for the fun of it (wouldn't put money on that tho).
I've got one small long I've left open. Was planning to scale further in after a topside breakout, it might stop out now... no biggie.Ignored
Laff. I closed that position a long time ago. It did break out, to the upside, then quickly whipped back down. I covered at BE when it whipped back, I have no patience for losses on breakout trades... either the market keeps going or it reverses completely, not much middle ground and no sense in playing the hope game there.Ignored